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LIQUEFIED PETROLEUM GAS
LPG customer base dips after a decadeIndia's LPG customer base had been expanding steadily, with the adoption of cooking gas accelerating over the past decade. The active LPG c...- India ramps up LPG output as festival season beginsIndia’s state-owned refiners have raised domestic LPG production to around 44,000 tonnes a day as festive-season demand rises and renewed c...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
- India needs multi-route energy strategy as West Asia tensions threaten supplies: ExpertsGrowing West Asian tensions expose India's energy supply vulnerabilities. Experts urge a multi-route strategy and diversified crude and gas...
- Restaurants, cafes rule out menu price hikes in festive quarter despite UPI MDR levy and rising food inflationRestaurants will likely avoid menu price increases this holiday season. Rising input costs and inflation have already impacted the food ser...
- The Iran war is driving clean energy development. It's not enough to help the planet, yetGlobal clean energy adoption is increasing due to the war against Iran. However, this shift is not yet sufficient to combat climate change ...
- Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: ReportA US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...
- A dozen ingredients show India's mounting food inflation riskIndia’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels pu...
- Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
- India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
- Adani Group plans $2.5 billion refinancing in India’s biggest offshore loan this yearAdani Group plans a $2.5 billion offshore loan to refinance debt. This significant borrowing aims to cover the acquisition of two Indian ce...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- India's fuel demand fell 2.8% y/y in AugIndia's overall fuel demand saw a slight decrease of 2.8 percent in August compared to last year. Gasoline consumption increased by 8.2 per...
- LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh GopiThe Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for ...
- Iran blacklists more ships trying to sail through Hormuz, govt website showsIran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...
- Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
- Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
- Vessels crossing Strait of Hormuz drop to 5 per day over weekendOn Friday, 14 vessels passed the strait including a very large crude carrier laden with 2 million barrels of Qatari oil that exited with it...
- Tanker pays record $5.3m to transit Panama Canal: ReportA tanker set a new benchmark by paying an unprecedented $5.3 million for expedited transit through the Panama Canal. This payment not only ...
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